A owes B, Rs. 1573 payable $${\text{1}}\frac{{\text{1}}}{{\text{2}}}$$years hence. Also B owes A, Rs. 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much ?

A owes B, Rs. 1573 payable $${\text{1}}\frac{{\text{1}}}{{\text{2}}}$$

1.	A owes B, Rs. 1573 payable $${\text{1}}\frac{{\text{1}}}{{\text{2}}}$$years hence. Also B owes A, Rs. 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much ?
A.	Rs. 28.50
B.	Rs. 37.50
C.	Rs. 50
D.	Rs. 50
Answer» E.

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A owes B, Rs. 1573 payable $${\text{1}}\frac{{\text{1}}}{{\text{2}}}$$years hence. Also B owes A, Rs. 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much ?

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